(RTTNews) - Asian stocks ended Friday's session on a mixed note amid speculation that the Bank of Japan may end its negative interest rate policy as soon as this month.
For Immediate ReleaseChicago, IL – December 8, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in sto
Toshiba and Rohm said on Friday they would invest 388.3 billion yen ($2.7 billion) to jointly produce power chips, the first collaboration since Rohm's participation in a $14 billion buyout of Toshiba.
Japan's manufacturers' business sentiment likely edged higher in the three months to December, a Reuters poll showed on Friday, although the global economic slowdown continues to cloud the outlook.
Cathay Pacific Airways on Friday said it has placed an order to purchase six Airbus A350 freighters for a basic price of $2.71 billion, potentially replacing its aging cargo fleet of Boeing 747 jets.
U.S. job growth likely picked up in November as thousands of automobile workers and actors returned after strikes, but the underlying trend will probably point to a cooling labor market.
Indian shares held gains on Friday, with the benchmark indexes Nifty 50 and Sensex hitting fresh record highs, after the Reserve Bank of India (RBI) stood pat on key rates for a fifth consecutive time.
The yuan weakened against the dollar on Friday and is poised to snap a three-week rising streak, as Moody's negative outlook on China's credit rating, and the country's mixed trade data dented fragile confidence.
The Indian central bank's key lending rate was held steady on Friday with inflation control remaining a major focus amid expectations of a spike in food prices in coming months and better than expected economic growth.
Indonesia state energy firm Pertamina [PERTM.UL] has started an underground carbon injection trial in Sukowati field, the second site the company is testing for carbon capture, utilization and storage (CCUS).
Gold prices were on track for their first weekly fall in four after the dollar firmed, although they traded steadily on Friday ahead of a key U.S. jobs data to gauge the potential of a rate cut by the Federal Reserve as early as March.
The Indian central bank's key lending rate was kept unchanged at a fifth straight policy meeting on Friday, as predicted, amid robust economic growth and lingering concerns around inflation.
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Shares of Duckhorn Portfolio (NYSE: NAPA) were down 12% on Thursday after the California-based winemaker announced weaker-than-expected quarterly results.